CAC 40: Key Index for French Stock Market
Overview
The CAC 40 is the benchmark stock market index in France, representing a weighted average of the market capitalization of the 40 most significant companies listed on the Euronext Paris exchange. It is a widely-followed indicator of the performance of the French economy and is used by investors both domestically and internationally.Key Features
Some key features of the CAC 40 include:
- It consists of companies from various sectors, including finance, energy, industry, and consumer goods.
- The index is calculated and published in real-time throughout the trading day.
- The composition of the CAC 40 is reviewed twice a year to ensure it reflects the most representative companies.
- It is used as an underlying asset for financial instruments such as futures and options.
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